We are live on
!
Find out more
PC
PointState Capital Portfolio holdings
AUM
$7.82B
1-Year Est. Return
43.51%
This Fund
S&P 500
This Quarter
Est. Return
+12.96%
1 Year Est. Return
+43.51%
3 Year Est. Return
+157.95%
5 Year Est. Return
+295.76%
10 Year Est. Return
+2,156.01%
AUM
$6.7B
AUM Growth
+$140M
(+2.1%)
Cap. Flow
+$450M
Cap. Flow
% of AUM
6.73%
Top 10 Holdings %
Top 10 Hldgs %
44.29%
Holding
69
New
16
Increased
18
Reduced
15
Closed
12
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
STUB
StubHub Holdings
STUB
|
+$380M |
| 2 |
Carpenter Technology
CRS
|
+$177M |
| 3 |
Natera
NTRA
|
+$156M |
| 4 |
Rubrik
RBRK
|
+$146M |
| 5 |
TLN
Talen Energy Corp
TLN
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lumentum
LITE
|
+$241M |
| 2 |
Bank of America
BAC
|
+$144M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
+$134M |
| 4 |
XYZ
Block Inc
XYZ
|
+$127M |
| 5 |
Illumina
ILMN
|
+$114M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 16.92% |
| 2 | Healthcare | 15.8% |
| 3 | Technology | 15.73% |
| 4 | Industrials | 11.53% |
| 5 | Financials | 9.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Ramaco Resources Class A
METC
$843M
| $10.8M | 0.16% |
+325,946
| New | +$7.58M |
|
52
Banco Macro
BMA
$4.86B
| $9.88M | 0.15% |
233,733
-201,641
| -46% | -$12.3M |
|
53
Alvotech
ALVO
$1.77B
| $8.59M | 0.13% |
1,049,039
| – | – |
|
54
Sempra
SRE
$55.1B
| $6.85M | 0.1% |
76,129
| – | – |
|
|
SUPV
55
Grupo Supervielle
SUPV
$728M
| $4.14M | 0.06% |
836,762
-2,705,037
| -76% | -$23.6M |
|
|
LOMA
56
Loma Negra
LOMA
$1.13B
| $2.41M | 0.04% |
+327,443
| New | +$3.26M |
|
|
57
Bank of America
BAC
$436B
| – | – |
-3,044,002
| Closed | -$144M |
|
|
CYBR
58
DELISTED
CyberArk
CYBR
| – | – |
-141,435
| Closed | -$57.5M |
|
59
Datadog
DDOG
$85.1B
| – | – |
-239,108
| Closed | -$32.1M |
|
60
DHT Holdings
DHT
$3.17B
| – | – |
-885,740
| Closed | -$9.57M |
|
|
61
iShares MSCI South Korea ETF
EWY
$28B
| – | – |
-1,868,227
| Closed | -$134M |
|
62
Freshpet
FRPT
$3.4B
| – | – |
-357,092
| Closed | -$24.3M |
|
63
PUT
Grab
GRAB
$14.8B
| – | – |
-3,000,000
| Closed | -$15.1M |
|
|
64
Lumentum
LITE
$80.3B
| – | – |
-2,532,821
| Closed | -$241M |
|
65
NVIDIA
NVDA
$5.25T
| – | – |
-129,695
| Closed | -$20.5M |
|
66
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$825B
| – | – |
-2,000,000
| Closed | -$1.24B |
|
|
XYZ
67
Block Inc
XYZ
$50.2B
| – | – |
-1,869,376
| Closed | -$127M |
|
|
AMRZ
68
Amrize Ltd
AMRZ
$24.4B
| – | – |
-578,633
| Closed | -$28.7M |
|
Similar funds
MNA
BFG
PFA
FFM
EMPI
LAM
UB
IMCOOI
PointState Capital's Q3 2025 Portfolio in Review
As of Q3 2025, PointState Capital held 69 positions worth $6.7B, up 2.1% from $6.56B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
PointState Capital deployed $450M of net new capital in Q3 2025, opening 16 new positions and adding to 18 existing holdings. Its largest new stake was StubHub Holdings: 20,706,003 shares worth $349M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, down from 32% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Illumina, an estimated $114M trimmed.
- PointState Capital's largest Q3 2025 buy was StubHub Holdings: 20,706,003 shares worth $349M.
- PointState Capital added most to Carpenter Technology in Q3 2025, an estimated $177M increase.
- PointState Capital's biggest Q3 2025 reduction was Illumina, cutting an estimated $114M.
- PointState Capital fully exited Lumentum in Q3 2025, selling an estimated $241M.
- PointState Capital's ten largest holdings make up 44% of its $6.7B portfolio in Q3 2025.
- PointState Capital opened 16 new positions and closed 12 in Q3 2025.
- PointState Capital's portfolio value rose 2.1% quarter-over-quarter to $6.7B.
Based on PointState Capital's 13F filing for Q3 2025, filed 14 Nov 2025.